Profile
Sector:
Consumer CyclicalIndustry:
Resorts & CasinosCountry:
United StatesIPO:
15 December 2004Website:
http://www.sands.comNext earnings report:
24 January 2025Last dividends:
06 August 2024Next dividends:
05 November 2024Price
regular market | 3 min agoAnalysts recommendations
Institutional Ownership
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LVS Latest News
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Analysts are praising Las Vegas Sands Corp (LVS) for its solid standing in Macau and the area's recovery, despite the company not meeting expectations for earnings per share and revenue in the third quarter.
The financial results for Las Vegas Sands (LVS) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important figures to Wall Street predictions and the same period from the previous year.
Las Vegas Sands (LVS) reported quarterly earnings of $0.44 per share, which is lower than the Zacks Consensus Estimate of $0.55 per share. This is a decrease compared to earnings of $0.55 per share from the same period last year.
Red Rock Resorts is ready to expand due to its undervalued real estate and strong position in the Las Vegas local market. The company's efficient operations, strategic land holdings, and quality assets allow it to benefit from the increasing wealthy population in Las Vegas. The new Durango property and North Folk development are important factors for growth, likely to greatly increase EBITDA and market presence.
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Las Vegas Sands (NYSE: LVS) will announce its financial results for the third quarter of 2024 on Wednesday, October 23, 2024, after the market closes. Following this, the company will hold a conference call to go over the results at around 1:30 p.m.
LVS is expected to show slow recovery in visitor numbers in its third-quarter 2024 results. However, an increase in travel demand is likely to have helped improve overall performance.
The Sands Hospitality Advancement Scholarships, in collaboration with HACU, aim to assist hospitality students from Hispanic-serving institutions in Las Vegas and the Dallas-Fort Worth area. On October 10, 2024, Las Vegas Sands announced that they will provide scholarships to 13 students from HACU-member schools to help them prepare for careers in the travel, tourism, and leisure sectors.
Las Vegas Sands has five casinos in Macau, China, which brought in $1.75 billion of the company's total revenue of $2.76 billion for the second quarter.
What type of business is Las Vegas Sands?
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Sands Cotai Central, The Parisian Macao, The Plaza Macao, and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macau, the People's Republic of China; and Marina Bay Sands in Singapore. The company also owns and operates the Venetian Resort Hotel Casino on the Las Vegas Strip, as well as the Sands Expo Convention Center in Las Vegas, Nevada. The integrated resorts include residential accommodations, gaming, entertainment and shopping centers, conference rooms and exhibition complexes, restaurants by famous chefs, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is located in Las Vegas, Nevada.
What sector is Las Vegas Sands in?
Las Vegas Sands is in the Consumer Cyclical sector
What industry is Las Vegas Sands in?
Las Vegas Sands is in the Resorts & Casinos industry
What country is Las Vegas Sands from?
Las Vegas Sands is headquartered in United States
When did Las Vegas Sands go public?
Las Vegas Sands initial public offering (IPO) was on 15 December 2004
What is Las Vegas Sands website?
https://www.sands.com
Is Las Vegas Sands in the S&P 500?
Yes, Las Vegas Sands is included in the S&P 500 index
Is Las Vegas Sands in the NASDAQ 100?
No, Las Vegas Sands is not included in the NASDAQ 100 index
Is Las Vegas Sands in the Dow Jones?
No, Las Vegas Sands is not included in the Dow Jones index
When was Las Vegas Sands the previous earnings report?
No data
When does Las Vegas Sands earnings report?
The next expected earnings date for Las Vegas Sands is 24 January 2025